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Binance, Abu Dhabi and cryptocurrency

Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX

Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion. The deal was paid in an unnamed stablecoin,

CNBC on MSN · 8h

Binance Secures Large Investment In Crypto

Binance will get a $2 billion investment from MGX, a state-owned investment corporation in the United Arab Emirates. TakeAway Points: In a joint press release, the firms said the minority stake would be paid for in stablecoins,

Abu Dhabi-backed investor buys into Binance with $2 bln of crypto

Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest crypto exchange and the United Arab Emirates.

Trump Family Has Held Deal Talks With Binance

Bloomberg on MSN · 20h

Trump Crypto Venture Has Talked to Binance About Doing Business

Discussions between the family’s World Liberty Financial and the world’s largest digital-asset exchange are said to include possible work on new stablecoin.

U.S. News & World Report · 23h

Trump Family Held Deal Talks With Binance's US Arm, WSJ Reports

Binance's billionaire founder Changpeng Zhao has been pushing for the Trump administration to grant him a pardon, the report added citing people familiar with the matter. In November 2023, Zhao stepped down as CEO of Binance and pleaded guilty to breaking U.

The Wall Street Journal on MSN · 21h

Trump Family Has Held Deal Talks With Binance Following Crypto Exchange’s Guilty Plea

The discussions for a stake in Binance’s U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea.

U.S. Senate Takes 1st Big Step to Advance Stablecoin Bill

Bloomberg on MSN · 20h

Landmark Stablecoin Bill Advances in Senate Banking Committee

The Senate Banking Committee advanced landmark stablecoin legislation Thursday in a major victory for the ascendant cryptocurrency industry, despite strong objections from top Democrat Elizabeth Warren.

CoinDesk · 19h

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.

Axios Sneak Peek on MSN · 19h

Stablecoin bill clears Senate committee

The Senate Banking Committee Thursday voted to send a stablecoin bill to the full chamber for debate. Why it matters: The committee markup on the GENIUS Act was a key step in advancing a stablecoin bill,

Live Bitcoin News5d

Binance Stablecoin Reserves Reach New All-Time High

Binance stablecoin reserves hit a record $31.3 billion, signaling market growth, increased investor confidence, and crypto ...

Binance Stablecoin Reserve Hits ATH, Here’s Implication For Bitcoin

Binance exchange is building its ERC-20 stablecoin volume to match market demand, a trend that can sustain Bitcoin price ...

What Binance’s record-high stablecoin reserves mean for Bitcoin prices

Binance [BNB] stablecoins have hit a record high of $31.5B, prompting a CryptoQuant analyst to project that a Bitcoin upside ...

19hon MSN

Binance founder ‘CZ’ denies report of Trump investment, pardon campaign

Changpeng Zhao, the founder and former CEO of the world’s largest crypto exchange Binance, is denying that the Trump family is in talks to buy a financial stake in the American arm of the exchange ...

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